Teacher Retirement System of Texas Buys 277,616 Shares of Amazon.com, Inc. $AMZN

Teacher Retirement System of Texas grew its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 10.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,877,676 shares of the e-commerce giant’s stock after purchasing an additional 277,616 shares during the quarter. Amazon.com makes up 2.3% of Teacher Retirement System of Texas’ holdings, making the stock its 5th biggest position. Teacher Retirement System of Texas’ holdings in Amazon.com were worth $664,225,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also modified their holdings of the stock. Lifelong Wealth Advisors Inc. grew its position in shares of Amazon.com by 2.4% in the fourth quarter. Lifelong Wealth Advisors Inc. now owns 1,740 shares of the e-commerce giant’s stock valued at $402,000 after purchasing an additional 41 shares during the period. Financial Connections Group Inc. lifted its stake in shares of Amazon.com by 2.6% in the fourth quarter. Financial Connections Group Inc. now owns 1,633 shares of the e-commerce giant’s stock worth $376,000 after buying an additional 42 shares in the last quarter. Marquette Asset Management LLC lifted its stake in shares of Amazon.com by 5.1% in the fourth quarter. Marquette Asset Management LLC now owns 886 shares of the e-commerce giant’s stock worth $205,000 after buying an additional 43 shares in the last quarter. Western Financial Corp CA lifted its stake in shares of Amazon.com by 1.5% in the fourth quarter. Western Financial Corp CA now owns 3,076 shares of the e-commerce giant’s stock worth $710,000 after buying an additional 44 shares in the last quarter. Finally, Cadence Wealth Management LLC raised its stake in Amazon.com by 3.5% during the third quarter. Cadence Wealth Management LLC now owns 1,328 shares of the e-commerce giant’s stock worth $292,000 after purchasing an additional 45 shares during the period. Institutional investors and hedge funds own 72.20% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on AMZN shares. The Goldman Sachs Group reaffirmed a “buy” rating and set a $325.00 target price (up from $275.00) on shares of Amazon.com in a research note on Thursday, April 30th. JPMorgan Chase & Co. lifted their price target on shares of Amazon.com from $280.00 to $330.00 and gave the company an “overweight” rating in a research report on Thursday, April 30th. Needham & Company LLC lifted their price target on shares of Amazon.com from $265.00 to $300.00 and gave the company a “buy” rating in a research report on Thursday, April 30th. UBS Group reiterated a “buy” rating and set a $333.00 price target (up from $304.00) on shares of Amazon.com in a research report on Wednesday, April 29th. Finally, Monness Crespi & Hardt lifted their price target on shares of Amazon.com from $280.00 to $315.00 and gave the company a “buy” rating in a research report on Thursday, April 30th. Fifty-seven research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $312.52.

Amazon.com Trading Up 1.6%

Shares of AMZN stock opened at $270.13 on Thursday. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.01 and a current ratio of 1.18. The stock has a market capitalization of $2.91 trillion, a P/E ratio of 32.31, a price-to-earnings-growth ratio of 1.99 and a beta of 1.46. The company has a 50 day moving average price of $232.36 and a 200 day moving average price of $230.13. Amazon.com, Inc. has a fifty-two week low of $196.00 and a fifty-two week high of $278.56.

Amazon.com (NASDAQ:AMZN) last posted its quarterly earnings results on Wednesday, April 29th. The e-commerce giant reported $2.78 EPS for the quarter, topping the consensus estimate of $1.63 by $1.15. Amazon.com had a net margin of 12.22% and a return on equity of 19.92%. The company had revenue of $181.52 billion during the quarter, compared to analysts’ expectations of $177.28 billion. During the same quarter in the previous year, the business posted $1.59 EPS. The firm’s revenue was up 16.6% on a year-over-year basis. Equities research analysts predict that Amazon.com, Inc. will post 7.71 EPS for the current fiscal year.

Insider Activity

In other Amazon.com news, SVP David Zapolsky sold 10,649 shares of the business’s stock in a transaction that occurred on Tuesday, February 24th. The shares were sold at an average price of $205.43, for a total transaction of $2,187,624.07. Following the completion of the transaction, the senior vice president owned 41,190 shares in the company, valued at $8,461,661.70. The trade was a 20.54% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Douglas J. Herrington sold 27,500 shares of the business’s stock in a transaction that occurred on Monday, May 4th. The stock was sold at an average price of $275.00, for a total transaction of $7,562,500.00. Following the transaction, the chief executive officer owned 471,361 shares of the company’s stock, valued at $129,624,275. This trade represents a 5.51% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 190,593 shares of company stock worth $46,081,241. Insiders own 8.90% of the company’s stock.

Trending Headlines about Amazon.com

Here are the key news stories impacting Amazon.com this week:

• Positive Sentiment: Amazon is rolling out Alexa for Shopping, combining its Rufus capabilities with Alexa+ to create a more personalized AI shopping assistant. Investors may view this as a meaningful step in Amazon’s agentic commerce strategy. Amazon ditches Rufus chatbot, launches Alexa shopping agent in AI strategy pivot
• Positive Sentiment: The company expanded Amazon Now, offering 30-minute delivery in dozens of U.S. cities. That strengthens Amazon’s convenience edge and could help drive more frequent purchases. Amazon accelerates delivery race with 30-minute dropoffs in dozens of U.S. cities
• Positive Sentiment: Whole Foods Market, owned by Amazon, is bringing its smaller-format Daily Shop concept to three new U.S. markets, reinforcing Amazon’s broader grocery and physical retail strategy. Whole Foods Market to Bring its Daily Shop Concept to Three New U.S. Markets
• Neutral Sentiment: Several analysts reiterated bullish views on AMZN, including TD Cowen and Phillip Securities, which can help reinforce confidence but is not a new operating catalyst.
• Neutral Sentiment: Amazon also drew attention for adding AWS-related partnerships and for being mentioned in AI infrastructure spending and Cerebras coverage, which mostly underscores its role as a major AI investor and customer rather than an immediate stock-moving event.
• Negative Sentiment: Reports that Amazon is cutting more jobs and pushing harder on automation may raise concern about internal disruption and ongoing restructuring. Amazon cuts more jobs months after mass layoffs
• Negative Sentiment: Sen. Elizabeth Warren renewed scrutiny of AI data-center power consumption, naming Amazon among the companies under pressure over electricity costs, which could add regulatory and political overhang. Elizabeth Warren Targets Amazon, Google, Microsoft And Meta
• Negative Sentiment: Some recent hedge fund and portfolio-tracking stories noted trimming of Amazon positions, which may be read as a modest sentiment headwind, though not necessarily a fundamental concern. Amazon.com Inc. (AMZN): Chris Rokos Trims Exposure

Amazon.com Profile

Amazon.com, Inc is a diversified technology and retail company best known for its e-commerce marketplace and broad portfolio of consumer and enterprise services. Founded by Jeff Bezos in 1994 and headquartered in Seattle, Washington, the company launched as an online bookseller and expanded into a global retail platform that sells products directly to consumers and provides a marketplace for third-party sellers. Over time Amazon has grown beyond retail into areas including cloud computing, digital media, devices and logistics.

Key businesses and offerings include Amazon’s online marketplace and fulfillment services, the Amazon Prime membership program (which bundles expedited shipping with streaming and other benefits), Amazon Web Services (AWS) which supplies on-demand cloud computing and storage to businesses and public-sector customers, and a range of content and advertising services such as Prime Video and Amazon Advertising.